Loan Assignment Investopedia Wage Assignment Definition

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Wage Assignments financial definition of Wage Assignments
Wage assignments may now be ordered by a court for all past due support payments rather than only for child-support payments, and the amount of wages exempt from such withholding was made the same for child or spouse support.
Wage Assignment legal definition of Wage Assignment
Wage Assignment. The voluntary transfer in advance of a debtor's pay, generally in connection with a particular debt or judgment. A debtor may negotiate with a creditor a wage assignment plan in which a portion of the debtor's paycheck is transferred to the creditor by the employer.
Wage assignment financial definition of Wage assignment
The ineffectiveness of garnishment, wage assignment, late charges, and attorney's fees in influencing interest rates in Louisiana implies that factors other than rate ceilings have an important influence on borrowing and lending activity.

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